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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Aug 02, 1916
Page
13
The fragment mentions dining rooms with handsome brick mantle, beam ceilings, built in buffet, bookcases and china closet associated with Pullman. The terse description suggests a period interior style highlight.
The Cotton Summary for week ending Aug 1 1916 notes improved conditions on central Arkansas highlands and western highlands towlands amid dry weather in parts of Arkansas Oklahoma and Texas. Rain over eastern states hurts crops while lower Mississippi valley faces shedding and rust. Drought affects corn potatoes gardens pastures. high North temperatures damage potatoes spring wheat oats with black rust blight. Tobacco grows well in New England Kentucky Tennessee with some rain damage in Virginia and North Carolina. Wisconsin Ohio need rain. arcane peanuts sweet potatoes and made good progress.
A weekly market report shows a sensational rise in cotton prices during the final trading session. Analysts note bullish momentum and stronger demand driving gains across futures and spot markets.
The market opened higher on bullish bureau and Liverpool signals after a bullish crop report. Prices surged to new highs with New York and New Orleans leading gains, then cooled but remained well above the prior close as traders weigh potential declines.
The New York cotton market opened steady with an advance of 5 to 7 points as December and January contracts rose to 13.68 and 13.65 on the call. Realizing and local selling trimmed gains, but buying orders kept the undertone firm amid bullish crop expectations and a steady Liverpool market note. December slipped to 13.49 and January to 13.54 before rallies lifted December to 13.84 and January to 13.65 later in the day.
The report notes Liverpool due to open Thursday with an 18 to 15 point lead. An 11 o'clock call follows referencing New York and an abbreviated, garbled set of terms. The timing includes figures 13.20 13,36 13.69 indicating unclear measurements or scores.
In New Orleans the cotton market opened with steady tone as buying supported by government condition figures and ongoing orders from commission houses. Prices showed a net advance of 5 to 6 points soon after opening, with noon and 1:30 readings up 4 to 10 points, aided by a 12 point spot rise and unfavorable weekly weather reports.
The local produce market reports scarce peaches with Elberta supply near end and California peaches not yet in. Vegetable receipts remain solid while fruit improves otherwise, and freight congestion tied to government shipments into San Antonio continues. Hog prices decline nationwide with no recent quotation changes locally.
Buyers paid prices across country produce in San Antonio on Wednesday. Butter steady with country and packing stock at 18 to 20 cents per pound. Poultry values held firm with hens at 5.00 to 6.00 per dozen, friers 56.00, broilers 2.50 each, turkeys 15 to 16 cents per pound, ducks 4.00 to 5.00 per dozen, geese 4.50 to 5.00 per dozen.
Chicago August market notes show butter firm at 28 1/4 to 29 1/2 cents in creameries with receipts of 9841 cases. Eggs higher with firsts at 28 to 29 cents and ordinary firsts around 22 cents. Potatoes up with 30 carloads received. Virginia products offer at 2.50 to 2.60 per bushel for Virginia barreled, 50 to 90 cents for bulk. Ohio futures 75 to 80 cents. Poultry unsettled with live fowls 18 cents and springs 17 to 20 cents.
Quotations dated August 2 show butter at 28 cents in creamery and 26 cents for firsts while seconds bring 23 cents and packing stock 21 to 44 cents. Edges firsts 22 and 4?4 cents. Poultry lists hens one cent and roosters around 10 to 11 cents, broilers 20 cents. New potatoes firm with several varieties around 80 cents a bushel.
Data shows stock levels for yesterday and comparison to last week and last year. Reported deficit this season and United States export status reflect market conditions amid uncertain demand and pricing signals.
Liverpool reports strong cotton trading with good middling at 8.354 pence, middling 8.29d, low middling 8.03d. Total sales 65 000 bales, including 5 600 for speculation and export.
Futures figures from Liverpool show varied prices across months from August through June. The table lists October and December contracts near 8.00 with minor fluctuations, including September and November nearby.
A New Orleans based large lumber company announced the establishment of a new steamship line between New Orleans and Colon to serve the Panama lumber trade. Six vessels have been purchased or chartered for the service.
Seguin Texas August 2 The cotton season is on in earnest with gins running though only about a dozen bales have been received. Showery weather delays picking as farmers hope for clear days while Marion community ten miles west suffers scarce stock water due to little rainfall since last fall.
A brief notice outlines current cotton market activity with price movements in New Orleans. Trading details focus on nearby futures, fiber grades, and regional demand dynamics shaping daily quotes.
Union Stock Yards report Aug 2 notes receipts about average with yesterday and no major price changes. A steady undertone persists as buyers are willing to pay good prices for all offerings with cattle and calves steady despite hogs falling in foreign markets and hog receipts unusually heavy.
Fort Worth on August 2 reports cattle receipts around 32 300 with mixed prices for stockers calves and bulls. Hogs at 2 500 head yield lower quotes from 9 20 to 9 50 with several classes. Sheep receipts 1 500 steady with lambs yearlings and ewes priced from 6 00 to 9 75 and goats trading 4 50 to 5 50.
Chicago output shows hogs with receipts 36,000 and mixed quotes from 4.099 to 9.95 per hundredweight, cattle receipts 18,000 with native beef cattle 6.70 to 10.85 and western steers 8.65 to 8.40, sheep receipts 14,000 with wethers 6.76 to 8.15 and lambs 7.25 to 11.00.
Kansas City market notes show hogs receipts 9000 with varying prices from 9.25 to 9.65, cattle receipts 6500 with prime fed steers at 9.20 and dressed beef at 7.25, and sheep receipts 4000 with lambs at 10.00 and yearlings at 7.50. Southern steers reported at 5.75 to 8.50, cows and bulls mixed in.
Receipts for hogs 12 000 with varied prices from 8.00 to 9.85. Cattle receipts 3590 with ranges from 5.50 to 10.25 for natives and Texas Oklahoma stockers. Sheep receipts 2500 with spring lambs 7.00 to 9.90 and ewes 5.00 to 10.00.
New York reports a net loss of 5 to 8 points in coffee futures with 6250 bags traded. Prices listed for August through July futures span 58.35 to 8.90 with spot Rio at 7s 9, Santos 4s 10%.
In Savannah on August 2, turpentine firm shows 42 percent, receipts 612, shipments 892, stock 14 481, with sales 723. Resin firm logs sales 1494, receipts 2068, stock 69 898. Prices listed for grades A to W range from 5.80 to 6.95, with several mid sixes noted.
The monthly summary from the Federal Reserve Board notes domestic demand replacing foreign orders and a generally satisfactory outlook. Crops are better than average. labor is satisfactory except in New York garment strikes and San Francisco water front strikes. Dallas reports minimal grain damage but corn yield down. Boll weevils appear widely but limited damage. Trade is in its usual summer lull.
In Rockdale Texas on Aug 2 two farmers brought the season's first bales from five miles west. J M McLeod earned a $71 cash premium for a 405 pound bale sold to Scarbrough Hicks at 11 cents per pound. He Dyer delivered second bale weighing 385 pounds at 16 cents per pound. Cotton picking starts nationwide next week as humid heat lingers.
Cattle receipts in Oklahoma City totaled about 1500 with steady demand. Hogs were 10 cents lower at top $9.40, while sheep at 100 remained steady. Kansas City reported 6000 cattle receipts including seven cars quarantines with markets steady to 10 cents higher.
New York on August 2 reports raw sugar dull at £6.27 a hundredweight and molasses at 5.50, refined sugar steady with fine granulated at $7.65 a hundredweight.
In New Orleans on August 2 rough rice held steady with clean rice firm. Receipts totaled 7126 pockets while sales included rough Honduras eight sacks at 2.60 and clean Honduras 844 pockets.
New York reports active dress goods trading with soft fabrics steady and men’s spring lines opened in fancy weaves and steadily purchased. Cotton goods show firmness while raw silk and burlaps hold steady to higher prices.
An excerpt cites a young girl confessing a strong urge to help others and a friend questioning who qualifies as a benefactor. The scene recalls a Scotch minister conducting religious services in an asylum, noting the setting and interpersonal reflections.
New York trading opened with standard stocks steady while motor shares faced pressure. Mexican Petroleum and Industrial Alcohol lagged as Bethlehem Steel fell four points on its first sale in a week. Gains appeared in Baldwin Locomotive GE Philadelphia Company Inspiration Copper Beet Sugar and Hide and Leather preferred. Rails hesitated and mid session liquidation pushed extreme moves to near five points. Canadian Pacific led declines late, with Union Pacific Reading and Steel also lower as the market closed heavy.
For the 24 hours ending 8 a.m. Wednesday August 2 1916 unsettled conditions prevailed in the belt. Temperature near normal and rainfall over an inch reported at Prescott Arkansas McAlester Muskogee Oklahoma Nashville Tennessee Greenville Texas Florence Alabama Griffin Athens Greensboro and Greenwood Georgia Columbia South Carolina Fort Deposit and Union Springs Alabama. Allen Buell meteorologist Weather Bureau.
Mercantile paper and time loans show firm or steady movements. Sterling 60 day bills 4.71 demand 4.75. Guilders demand 41 7 18. bar silver 64. Mexican dollars 6. Government bonds firm. railroad bonds irregular. Time loans steady with rates around 3 4 to 8 percent.
Wholesale market prices for potatoes onions tomatoes celery cabbage peppers sweet peppers beets green beans squash carrots turnips chili peppers lettuce parsley eggplant spinach cantaloupes watermelons corn cucumbers sweet potatoes apples bananas oranges lemons limes grapes plums apricots dates figs raisins canned fruits canned vegetables and dried goods. Prices listed by region including Texas California and Illinois with per unit measures and box or crate pricing.
Exports of U S cotton in the year ending July 31 totaled 6 231 004 bales, down 2 310 814 from the prior season, per H G Hester secretary at the New Orleans Cotton Exchange. Early months looked weak but lower freight rates boosted late shipments. Northern miscalc stands at 2 864 140 bales, 19 058 less than last year. Average bale weight 612 1 7 pounds, about five pounds lighter than the prior year. End-of-year stock on hand 38 171 bales versus 744 657 a year earlier.
The note states that wind speeds under ten miles per hour and precipitation under .01 inch are not published. Meteorologist, Weather Bureau.
The week brought showers and moderate heat across Texas with ample to excessive rainfall in the south and drier conditions in the north and west. Cotton remained in good condition though boll weevil activity slowed and picking was delayed in South Texas while late planted cotton could improve with rain. Corn and other feed crops suffered from moisture shortage in the north and west but fared better elsewhere. rice cane and sweet potatoes showed favorable prospects.
SHREVEPORT Louisiana reports another 10 cent cut in oil per barrel by the Texas Company meeting resistance from Standard Oil and Gulf Refining. The price reduction lowers Caddo oil to 1.25 dollars and De Soto to 1.15 dollars.
Thousands of Manitoba acres ruined by black rust drive higher futures in Chicago trading. Strong export demand to Mexico and firmer Liverpool quotes lift September to 1.30 1.34 dollars, with December at 1.34. Dry hot weather and improved corn demand aid grains while hog prices ease.
Quotations show Wheat No 2 red at 1.32 dollars and No 2 hard new at 1.29 sixty percent. Corn No 2 yellow and Oats standard values listed with barley at 65 to 77 cents.
Quotations show No. 2 hard wheat at 1.21 to 1.28 dollars, No. red at 1.31 dollars, corn No. 2 mixed around 79 to 80 cents, white corn at 74 to 75 cents, No. 2 yellow about 80 cents, and No. 2 white oats at 42 to 48 cents with mixed oats 39 to 42 cents.
The St Louis price report lists wheat No red at 1.29 to 1.38, No hard at 1.26 to 1.80, corn No 3, No 2 white unspecified, oats No 2 at 38 to 40 cents, No 3 white at 42 cents.
Local packing house quotations show dry salt extras at 16 cents and Deacon extras at 17 cents. Dry salt bellies 14-16 pounds average 12 1/2 to 13 cents. Fancy breakfast bacon 21/2 cents, hams 21/2 cents, bacon bellies 14-16 pound average 19 1/4 cents. Pure lard 14 3/4 cents.
New York report notes cotton seed quotations for the day, with prices and market movements for various grades and suppliers.
New York metal market report shows lead at 6.38, Spelter net quoted, copper firm around 23.00 to 27.06, Tron unchanged, tin quiet with spot prices near 37.37 to 38.12. Market conditions steady with limited movement across materials.
London market update lists lead at 28 pounds per ton spot copper at 157 pounds per ton and tin around 187 pounds with 18s feature 168 pounds. Electrolytic prices noted in pounds sterling.
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